You're kidding, right?
Did you fail third grade economics?
Why don't you tell me what increased demand (and plenty of supply capacity) usually do to price?
Then I can tell you why it doesn't happen in the US (but it happens in Canada).
Lobbyists, corruption, quid pro status quo.
There is not "plenty" of capacity. In the US we are already seeing drug shortages at times. Demand has exploded, and supply has not. Prices of brand name drugs have skyrocketed. This is what happens when you have ads for drugs to treat Restless Leg Syndrome and Chronic Dry Eyes and I Want to Bone My Wife Harder & Longer Syndrome. People go to their doctors and get scrips and use their insurance plans to the extreme. Hence, higher prices and higher premiums. Did you fail third grade economics?
They have that system in Canada. The rich people who want to cut in line can always go to the US for treatment. And they do. Let them.
But yeah, I think the Hong Kong/Swiss/German/Austrian/Dutch/Scandinavian/Spanish/French/British system is better than the Canadian system. Canada's problem, however, is not enough doctors, due to the draw of insane profits if they practice in the US. The broken system in the US is contributing to the Canadian problem.
Let me ask, then: What happens when there is no U.S. system?
Not too long ago two friends of mine were talking to a Cuban refugee, a businessman who had escaped from Castro, and in the midst of his story one of my friends turned to the other and said, "We don't know how lucky we are." And the Cuban stopped and said, "How lucky you are! I had someplace to escape to." In that sentence he told us the entire story. If we lose freedom here, there is no place to escape to. This is the last stand on Earth.